The company said the fire should have a reduced impact on shipments as 10 days of preventive maintenance was already programmed at the terminal.
Asia Mining News
Coal and copper generate almost 70% of Mongolia's total export revenues and most of its mining output is sold to neighboring China.
Until there is a solution to what is happening globally with Brexit and trade talks, we might see no clear direction.
Maintenance and slower ramp-up last year caused a reduction in copper cathode output by 26,000 tonnes.
The action will increase Livent's sale taxes in China but give it greater access to growing markets for lithium in Japan, South Korea and elsewhere.
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.
Iron ore’s dramatic rally will raise costs for steelmakers, potentially crimping their profit margins, unless they are able to pass on the additional burden to customers.
Vale has flagged production cuts of as much as 70 million tons in the wake of the deadly dam breach, spurring worries about a substantial loss of seaborne supply.
The project encircles the Taldybulak Levoberejnyi Mine, which was recently built by Zijin and contains 3.2 million ounces in reserves and resources at a grade of 7.2 g/t.
The company says it has seen a significant improvement over the past year, with prices up about 20%, but believes conditions are not where they need to be to restart idled capacity.
Analysts have said that due to pressure on steel prices, the third quarter could be the last good quarter for steelmakers before a long period of muted growth.
International benchmark spot gold prices were on track for their first weekly decline in three, but were still supported above the $1,300 an ounce level.
Nominations are now open for the 12th annual Mines and Money Asia Outstanding Achievement Awards. Considered to be Asia’s most prestigious mining investment awards and a highlight in the Asian mining calendar, the annual event recognizes ‘the best of the best’ in the Asia Pacific region.
The proposed tariff, would fall to 18% in the second year and 14% in the third year.
ArcelorMittal is investing in projects in Mexico and Brazil, and has bought Votorantim in Brazil and Italy's Ilva, Europe's largest capacity steel plant.
In the past, gifts have included electric fans, laptops, pressure cookers and televisions.
As the largest consumer of metals, China dominates the global supply and demand of metals, and Asia is at the very centre of the debate on the future of the international mining industry. Urbanisation […]
Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.
1-carat stones fell by 0.4% last month and 1.8% compared to January 2018.
People are often not aware of where their most prized devices really come from.
OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.
Today’s chart pulls its numbers from the recent 2018 Corruption Perceptions Index report, which has been published by Transparency International annually since 1995.
Shares in the company lost a fifth of their value on Friday as investors were sceptical of its foreign subsidiary Cairn India Holdings’ $200 million investment in the diversified miner.
Wood Mackenzie forecasts that global lead production will increase in 2019 by about 250 kt.
Chile's development agency Corfo doesn't know whether the county we’ll ever make vehicles, but it would like to at least see battery parts produced locally.